Venezuela releases Gulmar Offshore vessels

DSV vessels Gulmar Eagle, Adams Arrow, and Boa Rover, which were working in Lake Maracaibo for maintenance of the oil and gas pipelines, have been released by Petróleos de Venezuela (PDVSA) and are now sailing to the US and Panama, according to Gulmar Offshore Middle East.

Offshore staff

CARACAS, Venezuela -- DSV vessels Gulmar Eagle, Adams Arrow, and Boa Rover, which were working in Lake Maracaibo for maintenance of the oil and gas pipelines, have been released by Petróleos de Venezuela (PDVSA) and are now sailing to the US and Panama, according to Gulmar Offshore Middle East.

The release comes after five months of negotiations, after which Venezuelan authorities removed the foreign flagged vessels from the list of assets that were to be potentially nationalized by the Organic Law of May 7.

12/14/2009

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